BMW is to recall all cars equipped with a faulty diesel fuel-injection pump supplied by parts maker Robert Bosch. The…
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Saudi NCCI’s shares soar
Shares in Saudi Arabia’s National Company for Cooperative Insurance (NCCI) soared on their first day of trading in Riyadh. They…
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Cannabis hopes for drug firm
A prescription cannabis drug made by UK biotech firm GW Pharmaceuticals is set to be approved in Canada. The drug…
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US company admits Benin bribery
A US defence and telecommunications company has agreed to pay $28.5m after admitting bribery in the West African state of…
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Bat spit drug firm goes to market
A German firm whose main product is derived from the saliva of the vampire bat is looking to raise more…
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GM, Ford cut output as sales fall
US car firms General Motors (GM) and Ford have been forced to cut production in the face of falling car…
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Novartis hits acquisition trail
Swiss drugmaker Novartis has announced 5.65bn euros ($7.4bn; £3.9bn) of purchases to make its Sandoz unit the world’s biggest generic…
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China suspends 26 power projects
China has ordered a halt to construction work on 26 big power stations, including two at the Three Gorges Dam,…
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India power shares jump on debut
Shares in India’s largest power producer, National Thermal Power Corp (NTPC) have risen 13% on their stock market debut. The…
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Virgin Blue shares plummet 20%
Shares in Australian budget airline Virgin Blue plunged 20% after it warned of a steep fall in full year profits.…
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